Altius raises C$182M after royalty buys
Altius Minerals (TSX: ALS; US-OTC: ATUSF) is raising $182 million (US$130 million) through a bought-deal share offering to strengthen its balance sheet following a series of royalty acquisitions. The St….
Articles by Colin McClelland
Canada bets on digital hub to speed mine permitting
Canada is using a centralized digital platform to help accelerate reviews of major mining and infrastructure projects by giving regulators, companies, Indigenous communities and the public access to the same…
Abasca expands Loki graphite resource in Saskatchewan
Abasca Resources (TSXV: ABA) has nearly doubled the resource while upgrading the category at its Loki flake graphite deposit in northern Saskatchewan as it prepares a preliminary economic assessment (PEA)….
Galway’s New Brunswick gold resource misses forecast
Galway Metals (TSXV: GWM; US-OTC: GAYMF) has more than doubled the indicated tonnes at its Clarence Stream project resource in New Brunswick, but increased gold ounces fell short of an…
E3 eyes financing for Canada’s largest lithium play
E3 Lithium (TSXV: ETL; US-OTC: EEMMF), whose total holdings represent Canada’s biggest lithium resource, plans to be shovel-ready, drive bank-led funding talks in earnest and reach a final investment decision by this time next year. The company is targeting first output by mid-2029 of 12,000 tonnes a year of battery-grade…
Editorial: Develop it or cede it
There is a paradox at the heart of Canada’s relationship with its own territory. The country sits atop some of the most valuable mineral deposits on earth: uranium, nickel, copper, rare earths, zinc….
Koryx Copper wins analyst support after Namibia assays
Analysts at BMO Capital Markets and Red Cloud Securities say Koryx Copper (TSXV: KRY; US-OTC: KRYXF) is rapidly emerging as one of Africa’s more attractive red metal development stories after…
Fitzroy drills 1.7% copper, expands Chile program
Fitzroy Minerals (TSXV: FTZ; US-OTC: FTZFF) has intersected strong copper grades at its Buen Retiro project in northern Chile and expanded its drill program as it continues to define a…
First Majestic wins permits for Santa Elena expansion
First Majestic Silver (TSX, NYSE: AG) has secured construction permits for two new underground portals at its Santa Elena mine in Mexico and will spend an additional $12 million (C$17…
The metals AI data centres need most aren’t inside them
The power grid, not the server room, is where the global data centre boom is driving metals demand, according to Wood Mackenzie. Grid reinforcement, transmission networks and on-site power systems…
Blast from the Past: Hunt brothers’ fateful silver gamble
Texas oil heirs Nelson Bunker and William Herbert, known as the Hunt brothers, in the 1970s started collecting piles of physical silver stock and futures contracts. Distrustful of paper money…
Sixty North shuns drilling, resource at old Mon mine
The next gold producer in the Northwest Territories could be a mom-and-pop operation small enough to mine without a resource or economic study while still earning millions a month. …